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Legislation
Oversight plan
This supplemental oversight plan outlines OIG's audit and review priorities in response to the impact of COVID-19 on SBA operations and our increased oversight responsibilities related to the Coronavirus Aid, Relief, and Economic Security (CARES) Act. (Note: New statutory mandates, Congressional requests, Hotline complaints, or SBA requests could result in changes to this plan.)
Scam and fraud alerts
OIG recognizes that we are facing unprecedented times and is alerting the public about potential fraud schemes related to economic stimulus programs offered by the U.S. Small Business Administration in response to the Novel Coronavirus Pandemic (COVID-19). The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing.
Pandemic Response Accountability Committee
The CARES Act creates the Pandemic Response Accountability Committee (PRAC) composed of federal Offices of Inspector General to "promote transparency and conduct and support oversight of covered funds and the Coronavirus response to (1) prevent and detect fraud, waste, abuse, and mismanagement; and (2) mitigate major risks that cut across program and agency boundaries." Rather than a stand-alone organization, the PRAC is a Committee of the Council of the Inspectors General on Integrity and Efficiency (CIGIE), an independent entity established within the executive branch by the Inspector General Act of 1978, as amended, that includes the 75 statutorily created federal Inspectors General with a mission to address integrity, economy, and effectiveness issues that transcend individual government agencies.
Inspector General Hannibal "Mike" Ware is a statutory member of the PRAC. Learn about the PRAC at https://pandemic.oversight.gov/.
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On June 17, 2020, the PRAC published its report on the Top Challenges Facing Federal Agencies Related to COVID-19 Emergency Relief and Response Efforts. Thirty-seven Inspectors General reported on the top pandemic-related challenges in their agencies. Read about the top challenges facing SBA within this report.
Reports
Other documents
Congressional testimony
Press releases